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The differences between bank tellers and vault tellers can be seen in a few details. Each job has different responsibilities and duties. Additionally, a vault teller has an average salary of $32,352, which is higher than the $32,043 average annual salary of a bank teller.
The top three skills for a bank teller include customer service, savings withdrawals and bank products. The most important skills for a vault teller are cash handling, quality customer service, and operational procedures.
| Bank Teller | Vault Teller | |
| Yearly salary | $32,043 | $32,352 |
| Hourly rate | $15.41 | $15.55 |
| Growth rate | -12% | -12% |
| Number of jobs | 23,446 | 11,212 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 43% | Bachelor's Degree, 38% |
| Average age | 39 | 39 |
| Years of experience | - | - |
Bank tellers are usually considered the face of the bank's branches. They assist clients in their over-the-counter transactions. They process client requests such as updates or changes in the account, cash or check deposits, withdrawals, and any other request related to the client's bank account. They provide customer service to clients and ensure that they are happy with the bank's services. Tellers should also be able to validate requests and transactions. They should have administrative and clerical skills since they handle the filing of documents for some transactions. They should also have organizational and basic accounting skills and should be trustworthy.
A vault teller is responsible for processing bank and vault transactions, ensuring accuracy and timeliness. Their duties primarily revolve around customer service and staff support, preparation of shipment and deliveries, money transfer transactions, and handling deposits. A vault teller must also perform administrative tasks such as maintaining daily cash levels on ATMs, responding to calls and correspondence, producing progress reports, and maintaining an accurate record of all transactions. Furthermore, it is essential to verify and monitor all currency in vaults in adherence to the bank's standards and policies.
Bank tellers and vault tellers have different pay scales, as shown below.
| Bank Teller | Vault Teller | |
| Average salary | $32,043 | $32,352 |
| Salary range | Between $26,000 And $38,000 | Between $26,000 And $39,000 |
| Highest paying City | Sunnyvale, CA | Denver, CO |
| Highest paying state | Massachusetts | Massachusetts |
| Best paying company | Tinker Federal Credit Union | NBCUniversal |
| Best paying industry | Finance | Finance |
There are a few differences between a bank teller and a vault teller in terms of educational background:
| Bank Teller | Vault Teller | |
| Most common degree | Bachelor's Degree, 43% | Bachelor's Degree, 38% |
| Most common major | Business | Business |
| Most common college | - | - |
Here are the differences between bank tellers' and vault tellers' demographics:
| Bank Teller | Vault Teller | |
| Average age | 39 | 39 |
| Gender ratio | Male, 24.1% Female, 75.9% | Male, 19.5% Female, 80.5% |
| Race ratio | Black or African American, 9.8% Unknown, 3.4% Hispanic or Latino, 20.9% Asian, 7.3% White, 58.0% American Indian and Alaska Native, 0.6% | Black or African American, 10.5% Unknown, 3.5% Hispanic or Latino, 19.2% Asian, 7.5% White, 58.7% American Indian and Alaska Native, 0.6% |
| LGBT Percentage | 7% | 7% |